XML 14 R5.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Cash Flows from Operating Activities:    
Net loss $ (2,795) $ (4,160)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 4,166 4,312
Non-cash operating lease expense 52 49
Provision for losses on accounts receivable 1,404  
Net loss (income) from unconsolidated entities (156) 535
Realized and unrealized net loss on Limoneira shares   2,130
Impairment and non-cash charges related to closure of Florida facility   317
Stock-based compensation expense 1,253 556
Gain on sale of Temecula packinghouse (54) (54)
Effect on cash of changes in operating assets and liabilities:    
Accounts receivable, net (3,217) (10,601)
Inventories (5,262) (11,735)
Prepaid expenses and other current assets (2,050) (1,559)
Advances to suppliers 2,676 (3,258)
Income taxes receivable/payable (721) 3,508
Other assets (4,094) (308)
Payable to growers (4,104) 14,765
Trade accounts payable, accrued expenses and other liabilities 7,026 7,891
Net cash provided by (used in) operating activities (5,876) 2,388
Cash Flows from Investing Activities:    
Purchases of property, plant, and equipment (5,185) (2,044)
Net cash used in investing activities (5,185) (2,044)
Cash Flows from Financing Activities:    
Payment of dividend to shareholders (5,102) (20,330)
Proceeds from revolving credit facility 64,500 96,300
Payments on revolving credit facility (49,300) (70,000)
Payments of minimum withholding taxes on net share settlement of equity awards   (44)
Payments on long-term obligations and finance leases (422) (376)
Proceeds from stock option exercises 48 47
Net cash provided by financing activities 9,724 5,597
Net increase (decrease) in cash, cash equivalents and restricted cash (1,337) 5,941
Cash, cash equivalents and restricted cash, beginning of period 3,134 2,855
Cash, cash equivalents and restricted cash, end of period 1,797 8,796
Noncash Investing and Financing Activities:    
Right of use assets obtained in exchange for new financing lease obligations 1,097  
Property, plant, and equipment included in trade accounts payable and accrued expenses $ 98 $ 173